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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues    
Property-liability insurance premiums$ 6,432$ 6,499$ 19,337$ 19,515
Life and annuity premiums and contract charges5525481,6681,637
Net investment income9941,0052,9963,104
Realized capital gains and losses:    
Total other-than-temporary impairment losses(197)(99)(435)(637)
Portion of loss recognized in other comprehensive income(6)(68)(37)(91)
Net other-than-temporary impairment losses recognized in earnings(203)(167)(472)(728)
Sales and other realized capital gains and losses46723889(215)
Total realized capital gains and losses264(144)417(943)
Total revenues8,2427,90824,41823,313
Costs and expenses    
Property-liability insurance claims and claims expense5,1324,60315,96314,109
Life and annuity contract benefits4554451,3311,372
Interest credited to contractholder funds4054451,2401,358
Amortization of deferred policy acquisition costs1,1221,0063,1912,969
Operating costs and expenses8258282,4652,446
Restructuring and related charges892833
Interest expense9291275275
Total costs and expenses8,0397,42724,49322,562
Gain (loss) on disposition of operations 9(17)12
Income (loss) from operations before income tax expense (benefit)203490(92)763
Income tax expense (benefit)38123(156)131
Net income$ 165$ 367$ 64$ 632
Earnings per share:    
Net income per share - Basic (in dollars per share)$ 0.32$ 0.68$ 0.12$ 1.17
Weighted average shares - Basic (in shares)512.0540.9520.4540.6
Net income per share - Diluted (in dollars per share)$ 0.32$ 0.68$ 0.12$ 1.16
Weighted average shares - Diluted (in shares)514.2543.0522.9542.7
Cash dividends declared per share (in dollars per share)$ 0.21$ 0.20$ 0.63$ 0.60